Investing.com - Andritz AG reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Andritz AG announced earnings per share of €0.93 on revenue of €1.67B. Analysts polled by Investing.com anticipated EPS of €0.59 on revenue of €1.63B.
Andritz AG shares are down 21% from the beginning of the year and are trading at €30.295 , down-from-52-week-high.They are outperforming the ATX which is down 32.42% from the start of the year.
Andritz AG shares lost 3.78% in intra-day trade the report.
Andritz AG follows other major Capital Goods sector earnings this month
Andritz AG's report follows an earnings beat by Wienerberger AG on Friday, who reported EPS of €0.64 on revenue of €905.3M (NYSE:MMM), compared to forecasts EPS of €0.46 on revenue of €850.95M.
Palfinger AG had beat expectations on October 30 with third quarter EPS of €0.27 on revenue of €372.7M, compared to forecast for EPS of €0.19 on revenue of €370M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar